SK C&C to develop solution to prevent recycling fraud

The company's tracking system for waste cooking oil uses blockchain technology

SK C&C to develop solution to prevent recycling fraud
Hae-Sung Lee 1
2023-05-19 11:39:54 ihs@hankyung.com
Waste management

SK C&C, an information and communications technology affiliate of South Korea’s SK Group, on Thursday said it is developing a system for tracking waste cooking oil.

This system prevents “green washing,” or the practice of fake green management in which general biofuels are sold through false labeling as being made from waste cooking oil.

The company the same day signed an agreement with the Seoul-based Recycle Ledger, a small provider of a blockchain-based service for tracking waste resources.

SK C&C will share with Recycle Ledger its blockchain network ChainJet as an application program interface. Using this, Recycle Ledger will develop a blockchain platform that records the process of supplying waste cooking oil.

Write to Hae-Sung Lee at ihs@hankyung.com
#SK C&C #tracking waste cooking oil #green washing #recycling fraud

SK C&C partners with Storm Ventures to discover promising B2B startups

SK C&C partners with Storm Ventures to discover promising B2B startups

SK C&C's Kim Wan-jong, head of digital business (left) and Storm Ventures CEO Ryan Floyd  South Korean IT services company SK C&C announced on Wednesday a partnership with American venture capital firm Storm Ventures to discover and collaborate with promising B2B technology startup

SK C&C, Naver Cloud team up to boost AI services for Korean companies

SK C&C, Naver Cloud team up to boost AI services for Korean companies

SK C&C, a leading information technology service provider in South Korea, has announced a partnership with Naver Cloud to develop ultra-large artificial intelligence (AI) services for the Korean industry.The two companies have signed a "Super Large-Scale AI-based B2B Business Expansion Coo

SK C&C to build advanced info systems for Nongshim's overseas corporations

SK C&C to build advanced info systems for Nongshim's overseas corporations

South Korea's SK C&C, an IT services unit of SK Group, on Tuesday said it has started building next-generation information and communications (ICT) systems for overseas corporations of domestic food giant Nongshim Co.The project has SK C&C working on digital transformation for the ov

SK C&C joins hands with Microsoft for digital healthcare solutions

SK C&C joins hands with Microsoft for digital healthcare solutions

SK C&C, an IT services unit of SK Group, said on Thursday that it had signed an agreement with Microsoft Korea to advance into the global market for digital healthcare solutions and expand the industry ecosystem.According to the terms of the accord, "Medical Insight Plus Cerebral Hemorrhag
(* comment hide *}